Natures Cash And Short Term Investments vs Capital Stock Analysis

NMHIW Stock   0.01  0  29.63%   
Natures Miracle financial indicator trend analysis is infinitely more than just investigating Natures Miracle Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natures Miracle Holding is a good investment. Please check the relationship between Natures Miracle Cash And Short Term Investments and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Cash And Short Term Investments vs Capital Stock

Cash And Short Term Investments vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natures Miracle Holding Cash And Short Term Investments account and Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Natures Miracle's Cash And Short Term Investments and Capital Stock is -0.56. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Natures Miracle Holding, assuming nothing else is changed. The correlation between historical values of Natures Miracle's Cash And Short Term Investments and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Natures Miracle Holding are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Cash And Short Term Investments i.e., Natures Miracle's Cash And Short Term Investments and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Natures Miracle Holding balance sheet. This account contains Natures Miracle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Natures Miracle Holding fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Natures Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natures Miracle Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to about 156.5 K in 2024. Selling General Administrative is likely to drop to about 2.4 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.4M5.1M5.9M6.1M
Cost Of Revenue17.0M9.9M11.4M13.4M

Natures Miracle fundamental ratios Correlations

0.810.990.92-0.480.90.510.79-0.56-0.97-0.060.9-0.19-0.060.98-0.890.98-0.490.890.870.840.810.89-0.010.55-0.7
0.810.780.93-0.90.920.181.0-0.93-0.73-0.430.930.05-0.430.79-0.740.82-0.880.940.930.940.340.92-0.570.93-0.98
0.990.780.9-0.450.90.550.76-0.54-0.970.00.89-0.150.00.98-0.850.98-0.470.880.870.830.850.890.040.5-0.68
0.920.930.9-0.730.990.260.92-0.79-0.82-0.340.98-0.11-0.340.93-0.760.95-0.750.970.980.980.560.98-0.350.76-0.88
-0.48-0.9-0.45-0.73-0.740.15-0.910.990.360.66-0.75-0.170.66-0.490.41-0.540.96-0.76-0.78-0.810.09-0.750.85-0.980.96
0.90.920.90.99-0.740.320.91-0.81-0.81-0.281.00.01-0.280.92-0.680.94-0.780.981.00.990.561.0-0.370.76-0.89
0.510.180.550.260.150.320.120.07-0.660.80.350.450.80.4-0.390.41-0.030.40.30.220.770.320.33-0.02-0.05
0.791.00.760.92-0.910.910.12-0.95-0.7-0.490.920.02-0.490.78-0.730.81-0.890.920.920.930.30.91-0.590.94-0.98
-0.56-0.93-0.54-0.790.99-0.810.07-0.950.450.62-0.81-0.150.62-0.580.48-0.620.96-0.82-0.83-0.86-0.02-0.810.79-0.980.98
-0.97-0.73-0.97-0.820.36-0.81-0.66-0.70.45-0.14-0.810.1-0.14-0.920.9-0.920.38-0.81-0.77-0.72-0.87-0.8-0.11-0.460.6
-0.06-0.430.0-0.340.66-0.280.8-0.490.62-0.14-0.250.431.0-0.150.11-0.150.49-0.21-0.3-0.380.45-0.280.6-0.560.54
0.90.930.890.98-0.751.00.350.92-0.81-0.81-0.250.06-0.250.9-0.680.93-0.80.991.00.990.561.0-0.390.77-0.9
-0.190.05-0.15-0.11-0.170.010.450.02-0.150.10.430.060.43-0.280.32-0.21-0.370.140.050.03-0.170.03-0.440.22-0.09
-0.06-0.430.0-0.340.66-0.280.8-0.490.62-0.141.0-0.250.43-0.150.11-0.150.49-0.21-0.3-0.380.45-0.280.6-0.560.54
0.980.790.980.93-0.490.920.40.78-0.58-0.92-0.150.9-0.28-0.15-0.831.0-0.480.870.890.860.790.910.00.52-0.71
-0.89-0.74-0.85-0.760.41-0.68-0.39-0.730.480.90.11-0.680.320.11-0.83-0.810.36-0.7-0.65-0.63-0.67-0.68-0.04-0.530.59
0.980.820.980.95-0.540.940.410.81-0.62-0.92-0.150.93-0.21-0.151.0-0.81-0.540.910.920.890.770.94-0.060.57-0.75
-0.49-0.88-0.47-0.750.96-0.78-0.03-0.890.960.380.49-0.8-0.370.49-0.480.36-0.54-0.82-0.82-0.850.02-0.790.86-0.960.93
0.890.940.880.97-0.760.980.40.92-0.82-0.81-0.210.990.14-0.210.87-0.70.91-0.820.990.980.540.99-0.430.8-0.9
0.870.930.870.98-0.781.00.30.92-0.83-0.77-0.31.00.05-0.30.89-0.650.92-0.820.990.990.511.0-0.430.79-0.91
0.840.940.830.98-0.810.990.220.93-0.86-0.72-0.380.990.03-0.380.86-0.630.89-0.850.980.990.440.99-0.490.82-0.93
0.810.340.850.560.090.560.770.3-0.02-0.870.450.56-0.170.450.79-0.670.770.020.540.510.440.550.52-0.01-0.2
0.890.920.890.98-0.751.00.320.91-0.81-0.8-0.281.00.03-0.280.91-0.680.94-0.790.991.00.990.55-0.390.77-0.9
-0.01-0.570.04-0.350.85-0.370.33-0.590.79-0.110.6-0.39-0.440.60.0-0.04-0.060.86-0.43-0.43-0.490.52-0.39-0.820.68
0.550.930.50.76-0.980.76-0.020.94-0.98-0.46-0.560.770.22-0.560.52-0.530.57-0.960.80.790.82-0.010.77-0.82-0.95
-0.7-0.98-0.68-0.880.96-0.89-0.05-0.980.980.60.54-0.9-0.090.54-0.710.59-0.750.93-0.9-0.91-0.93-0.2-0.90.68-0.95
Click cells to compare fundamentals

Natures Miracle Account Relationship Matchups

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When running Natures Miracle's price analysis, check to measure Natures Miracle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Natures Miracle is operating at the current time. Most of Natures Miracle's value examination focuses on studying past and present price action to predict the probability of Natures Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natures Miracle's price. Additionally, you may evaluate how the addition of Natures Miracle to your portfolios can decrease your overall portfolio volatility.